PM Hotel Group, a national hotel management company, today announced the company has signed a management contract to operate the 244-room DoubleTree by Hilton Hotel Wilmington, north Wilmington.
The Buccini/Pollin Group (BPG), a privately held, full-service real estate acquisition, development and management company, acquired the hotel in October of this year. BPG is affiliated with PM.
“With the inclusion of the DoubleTree by Hilton Hotel Wilmington, we add our sixth hotel in Delaware to our ever-expanding third-party hotel management portfolio,” said Joseph Bojanowski, president of PM Hotel Group. “We continue to seek full- and limited-service properties in markets with strong demand generators and barriers to new entry.”
Near downtown Wilmington and adjacent to Concord Mall, the hotel i features more than 11,000 sq. ft. of flexible meeting space capable of accommodating up to 360 guests, heated indoor pool, fitness center and dining options at Palettes Restaurant & Lounge. Guest rooms offer 42-inch flat-screen televisions, oversized work desks and ergonomic chairs, refrigerators and complimentary Wi-Fi Internet connectivity.
PM Hotel Group operates full-service and select-service hotels in the Hilton, Marriott, and IHG systems as well as internationally notable independent hotels.
The company manages more than 40 hotel and development projects, comprised of more than 9,000 rooms, throughout the United States. Based in Washington, D.C., PM Hotel Group has participated in the development and acquisition/renovation of dozens of hotels with a market capitalization in excess of $1.5 billion. Additional information about the company may be found at www.pmhotelgroup.com.
